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The Full Monti


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#31 tpark

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Posted 24 March 2004 - 11:11 AM

Morning Crew-the PIG flies alone at the open-slight upward bias-shouldn't hold. Just after the durable goods orders came out Sqwauk Box had on Peter Jastrow of Mann Financial-who has called like it is before-Peter said "the markets are in free fall here-with no support till 9900 and 1070." as they cut to a commercial the sound of truncheons hitting flesh could be heard! ;)

Didn't he say "nine ninety" ? Maybe that's his "real" target :)

The squickbox maroons corrected it to 9900 though.

#32 Guest_bullseatshitndie_*

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Posted 24 March 2004 - 11:13 AM

short mhk, nice h&s top. bet against housing market

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#33 brian4

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Posted 24 March 2004 - 11:15 AM

Launch Anvil-aye, aye Capt-Anvil away!

#34 soup

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Posted 24 March 2004 - 11:15 AM

dust off those dow 10,000 hats.
""Pretty bubbleheads preen daily on our financial networks, playing the shill to Wall Street and Washington in order to lure unsuspecting Americans into buying insanely overvalued stocks. The great market exchanges, once prudent arenas of investment where the engine of capitalism traded value for value, have become sham casinos staggering under decades of massive Fed created debt and lurching into oblivion on the greater fool theory. Yet our high level bureaucrats, led by Alan Greenspan, exhort all Americans to consume still more of their seed corn and seek still more fools." N. Hultberg

#35 brian4

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Posted 24 March 2004 - 11:20 AM

window closing that was a good one-the pig flies alone for awhile! ;)

#36 zensmoke

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Posted 24 March 2004 - 11:30 AM

WASHINGTON, March 24 (Reuters) - Low U.S. interest rates must rise as the economy gathers steam, and while that point has not yet been reached, businesses and markets should keep it in mind, a top Federal Reserve policy-maker said on Wednesday.

Federal Reserve Bank of Atlanta President Jack Guynn, in remarks very close to those he made in a speech earlier this month, issued a hawkish warning that as growth picks up, ultra-low U.S. borrowing costs will head higher.

"The Fed has good reason to maintain its accommodative policy, at least for now. But if my forecast for more robust economic growth materializes, then, at some point, a fed funds rate of 1.00 percent will no longer be the best policy," he told an audience in Jackson City, Tennessee. A copy of the speech was released to media in Washington.

Noting the Fed said last week it could be patient in removing its policy accommodation after holding rates at a post 1958-low of 1.00 percent, Guynn signaled there might be risks with this strategy.

"I remind myself that it is important to watch for unintended consequences of keeping monetary policy too accommodative for too long.

"Indeed, some of my contacts in various businesses have stressed to me that at some point, it will be appropriate, and helpful, to allow interest rates to return to more normal levels so that markets can sort themselves out in an orderly way and return to balance."
http://www.forbes.co...rtr1310137.html

#37 brian4

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Posted 24 March 2004 - 11:36 AM

opening now for 25 minutes-Buckle up-Helmets on.

#38 Lock Limit Down

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Posted 24 March 2004 - 11:36 AM

Plunger

I think it was you who has had a hate on for NFI
Joined you two days ago with some puts and am pinching myself
for the homer entry of the decade :D :D :D :D

Makes up for my very poor exit yesterday
Mr Market has graciously allowed me to reestablish positions this morning
I dont think I have ever been this nervous which is probably a good thing

B4
You just keep getting better :D
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"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." --- Thomas Jefferson

#39 Bearman

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Posted 24 March 2004 - 11:39 AM

we are getting the tremers before the cavein


! :o ! U-N-S-T-A-B-L-E ! :o !

#40 depends

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Posted 24 March 2004 - 11:40 AM

TRDO is rolling over finally. Ahhh.

#41 brian4

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Posted 24 March 2004 - 11:43 AM

Direct hit on the Klingon Mothership-Capt-"Keep firing Gridley!"

#42 Tchaikofsky

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Posted 24 March 2004 - 11:43 AM

opening now for 25 minutes-Buckle up-Helmets on.

03/24/04 10:38:00 22 22.5 23.8 600
03/24/04 10:38:00 22 22 23.8 500

Somebody thot enough of the SPX 1100 Putz to pick up 1100 copies @ 22. :o

#43 brian4

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Posted 24 March 2004 - 11:46 AM

stop 1095 ;)

#44 brian4

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Posted 24 March 2004 - 12:01 PM

about to close-another good one-the pig is trailing smoke-on its own for a bit!

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Posted 24 March 2004 - 12:08 PM

PUUUUUUUUUUSH!!!!

C'mon everybody....PUUUUUUUUUUUSH!!!





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